Exam 1: Information Systems in Business

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____________ is an executive-level position that involves high-level strategic planning and management of information systems pertaining to the creation, storage, and use of information by a business.

(Short Answer)
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_______ in the Five Forces Model is high when it is easy for new competitors to enter a market and low when there are significant entry barriers to entering a market.

(Multiple Choice)
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Three key resources-people, processes, and information systems, (in that order of priority)-are inextricably linked. If one fails, they all fail.

(True/False)
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It is the responsibility of the CIO to ensure effective communications between business and IS personnel.

(True/False)
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Describe and compare buyer power and supplier power in Porter's Five Forces Model. Also, explain how an organization can manipulate buyer power and supplier power.

(Essay)
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Broad functions of a CIO include all of the following, except:

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Who is responsible for ensuring the ethical and legal use of information within an organization?

(Multiple Choice)
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Which of the following is not one of Porter's Five Forces?

(Multiple Choice)
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Which one of the following is a support value activity?

(Multiple Choice)
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Information systems are implemented to support a company's competitive business ______________________.

(Multiple Choice)
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____________ information systems is the function that plans for, develops implements, and maintains IT hardware, software, and applications that people use to support the goals of an organization.

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Which of the following forces is commonly reduced through the use of a loyalty program?

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Which of the following represents buyer power in Porter's Five Forces Model?

(Multiple Choice)
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Discuss what is meant by the term "business-driven information systems."

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Environmental scanning is the acquisition and analysis of events and trends in the environment _________ to an organization.

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What is a competitive advantage?

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Which of the following companies uses the focused cost leadership strategy?

(Multiple Choice)
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Supplier power is high when buyers have ________ choices to buy from and low when their choices are many.

(Multiple Choice)
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Explain the relationship among people, processes, information systems, and information.

(Essay)
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____________ costs are costs that can make customers reluctant to switch to another product or service.

(Short Answer)
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